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Inventory
6 Months Ended
Jun. 30, 2015
Inventory

4. Inventory

All of the Company’s inventories relate to the manufacturing of Iclusig. The following table sets forth the Company’s inventories as of June 30, 2015 and December 31, 2014:

 

In thousands    2015      2014  

Raw materials

   $ —        $ —    

Work in process

     120         460   

Finished goods

     1,205         979   
  

 

 

    

 

 

 
     1,325         1,439   

Current portion

     (1,325      (979
  

 

 

    

 

 

 

Non-current portion included in intangible and other assets, net

   $ —         $ 460   
  

 

 

    

 

 

 

The Company has not capitalized inventory costs related to its other drug development programs. Non-current inventory consists of work-in-process inventory that was manufactured in order to provide adequate supply of Iclusig in the United States and Europe and to support continued clinical development.